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ITC, Godfrey Phillips shares crack up to 8% on New Year’s Day. What’s the bad news?

Economictimes.indiatimes.com 

Tobacco stocks like ITC and Godfrey Phillips saw significant drops on Thursday. This follows the finance ministry's notification of an additional excise duty on tobacco products. The new levies, effective February 1, will be applied over and above the GST rate. This change replaces the existing compensation cess. Companies may need to increase prices due to these higher taxes.

US says eight killed in anti-narcotic boat strikes

The Punch 

The US military said eight people were killed in new anti-narcotic boat strikes, bringing the death toll in its campaign against drug traffickers to 115. Read More: https://punchng.com/us-says-eight-killed-in-anti-narcotic-boat-strikes/

Bocaue fireworks sell fast as last-minute buyers troop to Bulacan

Newsinfo.inquirer.net 

BOCAUE, BULACAN—The countdown to New Year’s Eve sparked a last-minute frenzy for fireworks in the country’s fireworks capital, as shoppers poured into Bocaue’s stalls Wednesday morning, just hours before the celebrations began. Shoppers from Metro Manila and as far as northern and southern Luzon swarmed the designated pyrozone areas at Gov. Halili-Turo near the Northern

Sustainable aviation fuel output doubled in 2025 but share remains low

Cyprus Mail 

Sustainable aviation fuel (SAF) production is expected to have doubled in 2025 but will continue to account for less than one per cent of global jet fuel consumption, according to new estimates released by the International Air Transport Association (IATA). In 2025, SAF output is expected to reach 1.9 million tonnes, equivalent to 2.4 billion […]

SCO chairmanship passes to Kyrgyzstan

Tass.com 

The Kyrgyz chairmanship will be held under the slogan '25 years of the SCO: together towards sustainable peace, development and prosperity,' with the priority being the realization of economic cooperation capabilities

Cut emotions, reassess, invest: Lessons for global investors in 2026

Economictimes.indiatimes.com 

A tough year for Indian equities has triggered investor FOMO, but market veteran Devina Mehra argues that weak sentiment, not regret, should guide portfolio decisions. The focus, she says, must be on reassessment, quality investments and intelligent global diversification.